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20110731
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
is anything more than a big wet kiss to the right wing, and -- and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what will happen between this very moment and a potential vote tomorrow is anyone's guess in the town that is washington, d.c. amid all the bickering and tinkering, the nation is just six days away from a first ever general default, and the treasury reiterating in a statement moments ago there is no guarantee the government can meet all its obligations after an august 2nd deadline, so what are the remaining options for our dysfunctional government? nbc's kristen welker is at the white house and let's also bring in luke russert on capitol hill. kristen, we know both sides are crafting their budget deals, both trying to take the high road, but are there any signs that the differences between the two sides are narrowing, and does it seem as though they may conflate these two plans? >> reporter: well, at this point we don't have any indication that they are going to conflate the two plans. we should say there are, of c
. and thirdly, it denies president obama the economic and political benefits of a big deal now and one that maybe included stimulus and one that would have resuscitated the brand as a post-partisan leader, and one that would have taken the deficit off of the table for election of 2012. a good deal? maybe for the democrats who like bad deals and yet, he might accept it. joining me is senator kent conrad to talk about the deal. senator, welcome. >> good to be with you, ezra. >> this is the reid/mcconnell deal and not just the mcdonnell deal, and billed by republicans and democrats alike, so what do the democrats see in it? >> i think that about the only thing that anyone can see in it that is positive is averting the catastrophe that would come to the country if we did not extend the debt ceiling and if we fail to meet the obligations and fail to pay our bills, interest rates would spike, and markets would crash, and the economy would flounder. we would be in a very serious situation going forward. so, about the only good thing that it does is to avert that kind of catastrophe. >> but th
, and the big obstacle has been that while we are willing to give the president a little running room to discuss that framework, the republicans have said no to even talking about the revenue piece. >> and yet there is some anger, isn't there, from democrats about the extent to which the president is prepared to compromi compromise, but isn't he right the do so given the perilous state of the debt ceiling discussions and the impending deadline? >> well, first of all, there is no agreement. there are a lot of rumors flying around about what may or may not be in an agreement. for example yesterday there was a story that the white house agreed to $3 trillion in cuts and no revenues and that is what understandably got a lot of people worked up. the white house has been clear today and from the beginning that any balanced plan is going to require real revenue. so i think that it is important for us to, you know, focus on what the president says actually will be in the plan and not what some of the rumors suggest. again, to go back to your point here, democrats in the congress are prepared to do a bal
boehner and president obama are still in contact. they are still working towards an agreement. big stumbling block, taxes still in the way, martin. >> i should explain, mike, that you're inside because there's a lot of rain outside the white house today. >> another major storm, that's right. >> absolutely. >> thanks so much. >> well, now that he's walked out of debt talks with vice president biden, taken a fight to president obama and clashed with speaker boehner, is there any compromise that will sit with house majority leader eric cantor? nbc's luke russert is covering that. republicans, what are they willing to sacrifice in order to reach an agreement? got a copy of the "washington post" which liberally quotes you, but have you been able to get an answer to your question yet? >> reporter: no, and they offer two explanations as to why, martin. number one, they say that a concession republicans are making is just in fact allowing the debt ceiling to go up because that's something that's so unpopular within the house republican caucus. the popular sentiment here in washington, d.c.
party, there is concern about michele bachmann and her draw for the nomination, and will she get the big republicans to come to her corner? well, i would put my money with a candidate like romney or pawlenty more than bachmann. >> and is romney's recent performance enough to scare another person to come into the race like a chris christie or -- >> or rick perry. >> -- from coming in. >> no. he is an establishment kind of guy and a donor base on the side, and then you get numbers like this which upends the idea that he the white knight for the establishment, because people want another alternative. >> alex from the "huffington post." >> thank you, ezra. >>> stop the presses, and that is exactly what rupert murdoch has done amid a growing hacker scandal. [ female announcer ] kiss everything you know about cookies goodbye. new newtons fruit thins. real blueberries and blueberry brown sugar... crispy whole grain. newtons fruit thins, one unique cookie. newtons♪ uit thins, ♪ ♪ ♪ introducing purina one beyond a new food for your cat or dog. but now i see the splash., ♪ i wanted love
tax breaks for wealthy americans and big corporations, and speaker boehner really digging in his heels saying he would not support anything, any deal that included something that looked like a tax hike. so with that, we begin these fourth round of talks today. will we get any different resolution from these talks? we will have to wait and see, but again, martin, as you pointed out, the rhetoric is heating up, and there is certainly a lot of skepticism going into the talks today. >> and kristen, the president has given ground, and he admits that his own supporters are angry about it, and he said yesterday that he was prepared to take heat. so where does he go from here if republicans are unwilling to compromise? is this meeting today utterly pointless? >> well, i don't know if it is utterly pointless, but the president is making the point that there is no place to go from here that we have to come to a deal, that both sides have to basically take on their sacred cows, and he is really ramping up the pressure to do that in an interview earlier today, he made the point that if they don't
there will be a resolution if they stretch it out, and there is a big treasury action scheduled for august 4th, and if that were not to be sold or if the interest rates on it would have to go appreciably higher that could trigger a sell-off and another problem as well, but whether it is august 2nd, 3rd, 4th, there is a resolution of this, because the al terntives are just really too dire to conceive. >> thank you, andrea mitchell, for joining us. >>> and the man of evil, and did he really act alone? while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen mo
Search Results 0 to 13 of about 14 (some duplicates have been removed)